Do you get exhausted from being strong-armed each month for car insurance? Your situation is no different than many other Colorado drivers.
Unbelievably, most car insurance customers have remained with the same car insurance company for at least the last four years, and practically 40% of car insurance customers have never compared rates from other carriers. Colorado consumers can save 35% each year, but they underestimate the big savings they would realize if they just switched companies. Since consumers have many options for buying affordable insurance for a Volkswagen Touareg in Colorado Springs, it can be hard to pick the lowest price company.
Consumers should take time to do price comparisons every six months because rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best rate on Volkswagen Touareg insurance in Colorado Springs two years ago there is a good chance you can find better prices now. Forget all the misinformation about car insurance because you’re going to learn the right way to lower your annual insurance bill.
The companies in the list below are our best choices to provide free quotes in Colorado. In order to find cheap car insurance in Colorado Springs, it’s highly recommended you visit as many as you can to find the cheapest auto insurance rates.
Rates and statistics
The rate information below showcases a range of insurance prices for Volkswagen Touareg models. Having a better understanding of how insurance prices are calculated can help you make decisions on the best policy coverages.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Touareg 3 Turbo Diesel AWD 4-Dr||$294||$640||$396||$24||$118||$1,472||$123|
|Touareg 3.6 AWD 4-Dr||$294||$640||$396||$24||$118||$1,472||$123|
|Get Your Own Custom Quote Go|
Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Prices do not factor in specific location which can alter coverage rates considerably.
The chart below shows how choosing a deductible and can impact Volkswagen Touareg annual premium costs for different age groups of insureds. Data assumes a married male driver, full coverage, and no discounts are taken into consideration.
Volkswagen Touareg full coverage rates compared to liability only
The diagram below illustrates the difference between Volkswagen Touareg premium costs when comparing full coverage to state minimum liability only. The premiums assume no claims or driving violations, $1,000 deductibles, drivers are single, and no discounts are taken into consideration.
When to buy liability coverage only
There is no exact rule of when to drop comp and collision coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is about 10% or more of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let’s say your Volkswagen Touareg claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $5,000 after the policy deductible has been paid. If you are paying more than $500 a year to have full coverage, then it might be time to buy liability only.
There are a few situations where eliminating full coverage is not in your best interest. If you still have a loan on your vehicle, you have to carry full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not remove full coverage.
Your auto insurance coverage should be tailored to you
Always remember that when buying a policy, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.
For example, these questions can help discover whether you could use an agent’s help.
- Does my policy pay for OEM or aftermarket parts?
- Is my business laptop covered if it gets stolen from my vehicle?
- What if I don’t agree with a claim settlement offer?
- When should I drop full coverage on my Volkswagen Touareg?
- Are my custom wheels covered?
- Is rental equipment covered for theft or damage?
- What discounts do I qualify for?
- Do I have coverage when pulling a U-Haul trailer?
If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form. It is quick, free and can help protect your family.
Buying from insurance agents
Some consumers still prefer to get professional advice from a licensed agent and that is a smart decision Agents are trained risk managers and help you file claims. A nice benefit of price shopping on the web is you may find cheaper car insurance rates and still buy from a local agent.
After completing this quick form, your insurance coverage information is immediately sent to agents in your area who will gladly provide quotes to get your business. You never need to leave your computer because prices are sent straight to your inbox. If for some reason you want to quote rates from a specific company, don’t hesitate to search and find their rate quote page and fill out the quote form the provide.
Selecting an provider needs to be determined by more than just the premium amount. These questions are important to ask:
- How often do they review coverages?
- Has the agent ever had any license suspensions?
- Are all drivers listed on the coverage quote?
- Does their agency support local causes in Colorado Springs?
- What company do they have the most business with?
- Are they able to provide referrals?
- How would your car be valued if totaled?
- If you raise deductibles, how much can you save?
If you need to find a reputable insurance agent or broker, there are a couple of different types of agents from which to choose. Agents can be classified as either independent agents or exclusive agents depending on their employer. Either one can sell affordable auto insurance policies, but it’s important to know the difference in the companies they write for since it can impact which agent you choose.
Exclusive Insurance Agencies
Exclusive agencies have only one company to place business with such as State Farm, Allstate, and Farm Bureau. They are unable to provide other company’s prices so they have no alternatives for high prices. Exclusive insurance agents are trained well on their company’s products which helps them sell on service rather than price.
Listed below are Colorado Springs exclusive insurance agencies that can give you price quote information.
American Family Insurance – Mario Aragon Agency Inc.
1135 E Fillmore St – Colorado Springs, CO 80907 – (719) 570-0707 – View Map
Independent Auto Insurance Agencies
Agents of this type can quote rates with many companies so they can quote policies through lots of different companies and possibly get better coverage at lower prices. If you are not satisfied with one company, they simply move the coverage in-house without you having to go to a different agency.
If you need cheaper auto insurance rates, we recommend you get several quotes from at least one independent agent so that you can do a thorough price comparison.
The following is a short list of independent insurance agents in Colorado Springs who can help you get price quote information.
ALINK Insurance Services- Colorado Springs Location
2407 W Colorado Ave – Colorado Springs, CO 80904 – (719) 473-6262 – View Map